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family may make more sense than planning for multi-family housing in the outlying expansion areas. However, it would require the City to include additional single-family land in the expansion area. ZĞĚƵĐĞŽƌĞůŝŵŝŶĂƚĞƚŚĞƉƌŽƉŽƐĞĚƌĞͲĚĞƐŝŐŶĂƚŝŽŶŽĨƐŽŵĞŵƵůƚŝͲĨĂŵŝůǇĂƌĞĂƐƚŽƐŝŶŐůĞͲĨĂŵŝůǇ- The current recommendation includes re-designating some multi-family areas to single-family, resulting in a decreased capacity inside the UGB of 2,194 multi-family homes. The amount of area proposed for re-designation could be reduced or eliminated to accommodate the greater need for multi-family housing under a 50/50 mix. However, compact growth goals and other development limitations in these areas may still make them generally more suitable for single- family housing. It would also require the City to include additional single-family land in the expansion area. &ƵƌƚŚĞƌŝŶĐƌĞĂƐĞƌĞĚĞǀĞůŽƉŵĞŶƚŽŶŽŵŵĞƌĐŝĂůůĂŶĚ- Under a 55/45 mix, the City Manager is recommending that the remaining 1,626 multi-family homes be accommodated by boosting multi-family redevelopment on Commercial land. This is primarily to be accomplished by increased investment and reducing development costs in downtown, key transit corridors, and core commercial areas. As an example, preliminary analysis of adding MUPTE and reducing construction costs by 2% (a large cost reduction such as through reduced fees or restructured SDCs) in the commercial areas of three key transit corridors appears to net about 950 additional 2 multi-family homes. Even with these interventions, there is still a remaining need of 676 multi- family homes under a 55/45 mix and 1,352 multi-family homes under a 50/50 mix. These remaining homes would need to be accommodated through additional investment and cost reduction actions yet to be identified. /ŶĐƌĞĂƐĞĚĞŶƐŝƚŝĞƐŽŶDZĂŶĚ,Z- Currently, average densities seen (and assumed) on vacant MDR and HDR land are near the minimum MDR and HDR zones. Similar to the methods used to boost redevelopment on Commercial land, development costs could be reduced to incentivize increased densities in MDR and HDR. Attachments: a.Technical Summary- Land for Single-family Homes b.Technical Summary- Land for Multi-family Homes 2 Additional analysis is required to verify the estimate of how many multi-family homes can be accommodated through boosting redevelopment.